The Stealth Erosion of Dollar Dominance : Active Diversifiers and the Rise of Nontraditional Reserve Currencies /
We document a decline in the dollar share of international reserves since the turn of the century. This decline reflects active portfolio diversification by central bank reserve managers; it is not a byproduct of changes in exchange rates and interest rates, of reserve accumulation by a small handfu...
| Hlavní autor: | |
|---|---|
| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2022.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2022/058 |
| Témata: | |
| On-line přístup: | Full text available on IMF |